BUS 225 5-1 Project Two Data Analysis and Decision Making

Introduction to BUS 225 5-1 Project

For BUS 225 5-1 project two, we need to closely read and understand the given instructions and provide a solution of 12-15 slides of a PPT presentation. Here, I will give brief, clear guidelines to understand the BUS 225 5-1 project two. You can make easy and professional PPT slides for BUS 225 5-1 project two using these guidelines.

For every of the following, create a visualization based on the research collected in Project One, and then provide a summary.

Visualizing Data

A. The current state of the U.S. automotive manufacturing industry

• Sales by fuel type (electric, hybrid, gas)

The U.S. Car Industry

• Display sales by fuel type (electric, hybrid, gas).
• Use bar graphs or pie charts to represent sales data. Ensure each segment is clearly labeled and color-coded. 
• Briefly describe trends, such as the rising popularity of electric vehicles.

B. Current automotive industry trends

• The trend toward different types of motors for the vehicles being made and sold, such as electric and hybrid

• Trends in customer demands, such as vehicle color, extra features, and styles

• Trends in the body types of vehicles sold (SUVs, trucks, sedans)

Recent Trends in the Automotive Industry

• Illustrate patterns in motor types, customer demands, and body types.
• Motor Types: Create line graphs to show the evolution in adopting electric and hybrid motors over time.
• Use stacked bar charts to depict variations in vehicle colors, features, and styles.
• A pie chart shows the market share of SUVs, trucks, and sedans.

C. Trends in the new industry

• Expected growth areas

• Sales by type of products or services offered

• Trends in customer demands

Trends in the New Industry

• Explore anticipated areas of growth, sales by product type, and customer demands.
• Utilize heat maps to highlight regions or segments with high growth potential. 
• Bar charts show sales distribution across products or services.
• Radar charts to compare various demand factors in a visually engaging way.

Then, provide a summary of all of the data visualized.

• Summarize the collective data about both industries as a whole.

• Determine what the data is not telling you about the new industry.

Summary of Data Visualizations

• Consolidate and summarize the visualized data from both industries.
• Create a comprehensive summary using bullet points highlighting key findings from each dataset. 
• Discuss what the data reveals about market trends and potential shifts. Identify gaps where data might be insufficient, particularly concerning new industry insights.

Analyze three decision-making models and select the one best suited for making your decision.

Decision-Making Models Analysis

A. Analyze and provide an overview of the following three models and select one for use. Resources are listed in the Supporting Materials section.

• The Rational Model

• The Intuitive Model

• The Recognition-Primed Model

Summary of Models

Describe the Rational Model, the Intuitive Model, and the Recognition-Primed Model. Focus on how each model processes information and makes decisions.

• Provide an overview and analyze three decision-making models: Rational, Intuitive, and Recognition-Primed.
• Briefly describe each model using clear, concise language. Use diagrams or flowcharts to represent each model’s process.

B. Explain your choice of decision-making model.

• Why does your selection make the most sense for this project?

Selection and Rationale

Choose the model that best fits the needs of this project. Justify your choice based on the specifics of the industry data and the types of decisions that need to be made.

• Justify the selection of one model over the others.
• Discuss the strengths and weaknesses of each model in the context of your project. 
• Conclude with a persuasive paragraph on why the selected model (e.g., The Rational Model for its structured approach to decision-making) is best suited for analyzing the automotive industry data.

Closing

This Owlisdom How-To Guide allows you to understand the BUS 225 5-1 project two. Following the guidelines, you can solve the BUS 225 5-1 project two like a pro. Good luck!
In the next module of BUS-225, we will explore the 5-2 Discussion on Reflecting on Your Decision Making Style.

Speaker’s Notes

Slide 2: The graph shows which fuel is chosen and why.

Slide 3: Trends in motor varieties, emphasizing the most popular.

Slide 4: The illustration will explain why most people like white cars over those in other colors.

Slide 5: The graph will demonstrate why consumers favor one automobile over another. SUVs, sedans, trucks, and vans are among the vehicles under consideration.

Slide 6: The graphs will depict the regions expected to develop due to power generator consumption.

Slide 7: The graph will demonstrate why people favor hybrid generators over single-source generators.

Slide 8: The graph depicts the expected demand for hybrid and single-source power generators.

Slide 9: A brief overview of the various sectors and what the statistics do not reveal about each business.

Slide 10: Comparing models and selecting the best one to employ in decision-making.

Slide 11: The Intuitive Model: An Overview of Its Value.

Slide 12: The recognition-primed model in brief. 

Slide 13: Model selection and why it is beneficial.